Series: International Studies in Higher Education

The financing of higher education is undergoing great change in
many countries around the world. In recent years many countries are
moving from a system where the costs of funding higher education
are shouldered primarily by taxpayers, through government
subsidies, to one where students pay a larger share of the costs.
There are a number of factors driving these trends, including: ** A
push for massification of higher education, in the recognition that
additional revenue streams are required above and beyond those
funds available from governments in order to achieve higher
participation rates ** Macroeconomic factors, which lead to
constraints on overall government revenues ** Political factors,
which manifest in demands for funding of over services, thus
restricting the funding available for higher (tertiary) education
** A concern that the returns to higher education accrue primarily
to the individual, rather than to society, and thus students should
bear more of the burden of paying for it This volume will help to
contribute to an understanding of how these trends occur in various
countries and regions around the world, and the impact they have on
higher education institutions, students, and society as a whole.
With contributions for the UK, USA, South Africa and China this
vital new book gives a truly global picture of the rapidly changing
situation